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National market update

Existing-Home Sales Continue to Climb in November

Washington, DC, December 21, 2011 - Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. More...Read more

Pending Home Sales Jump in October

Washington, DC, November 30, 2011 - Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, surged 10.4 percent to 93.3 in October from 84.5 in September and is 9.2 percent above October 2010 when it stood at 85.5. The data reflects contracts but not closings...improved contract activity is a hopeful sign...More...Read more

National housing indicators

Existing home sales ()

4.42 million units*

Existing home median price ()

$164,200

Housing Starts ()

685,000*

New home sales ()

National economic indicators

Home ownership

3rd Qtr 11

66.3%

3rd Qtr 10

66.9%

The homeownership rate in the third quarter 2011 (66.3 percent) was lower than the third quarter 2010 rate (66.9 percent). The homeownership rates in the Midwest and South were lower than their corresponding third quarter 2010 rates.

New home sales

Nov 11

+9.3%

Oct 11

-2.9%

Privately-owned housing starts in November 2011 were at a seasonally adjusted annual rate of 685,000. This is 9.3 percent (+/- 13.1%)* above the revised October 2011 estimate of 627,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Local Sales & Price Activity

Travis Edmunds

Population Explosion to Fuel Texas Housing Boom
Texas will grow by 14 million new residents between now and 2030. By 2040, 33.7 million Texans will reside in the state’s four largest metros, pushing up housing demand exponentially. Learn more at the Texas Association of REALTORS®’consumer site, TexasRealEstate.com. Read more

Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.

Consumer tips & hot properties

San Antonio is Number 1 in Texas and US in 2011 Best Performing Cities

Steve Schaefer's article about the Milken Institute’s 2011 Best-Performing Cities index, points it finger at San Antonio at the top. It's easy to under how housing follows job growth and creation by military families who need housing, health care and other services. More...
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Hidden Treasures Found Beneath Homes

Homes across US are found with subterranean treasures like putting green, basketball courts, movie theaters, bowling alleys, Tuscan-like kitchens and wine tasting party rooms.
See the photo gallery of 18 such homes. More...
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Stay Warm and Keep in Budget This Winter Season

Energy-efficient fireplaces, both wood-burning and gas, let you enjoy the glow of a fire without letting your home heating energy go up in smoke. More...Read more

Buying a House at Foreclosure Auction is Risky

You can buy a home at a significant discount at a foreclosure auction, but you’ll face a host of challenges. Don’t get burned; be solutions-ready. You can learn about the process in your area by talking to officials at your county tax department or to a REALTOR®. More...
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7 Tips for Staging Your Home

Make your home warm and inviting to boost your home’s value and speed up the sale process.The first step to getting buyers to make an offer on your home is to impress them with its appearance so they begin to envision themselves living there. More...

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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